Caringhouse Projects Incorporated
- Assets
- $35.7m
- Revenue
- $47.8m
- Investments
- $0.0
- Employees
- 851
- Location
- Pleasantville, NJ
- Founding
- 01/1988
- Data as of
- 03/2022
- EIN
- 22-2464198
Organization Overview
Caringhouse Projects Incorporated is located in Pleasantville, NJ. The organization was established in 1988. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 03/2022, Caringhouse Projects Incorporated employed 851 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caringhouse Projects Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Caringhouse Projects Incorporated generated $47.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $38.2m during the year ending 03/2022. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CARINGHOUSE PROJECTS, INC. IS A CHRISTIAN BASED ORGANIZATION SERVING THE FRAIL, IMPAIRED AGED AND DISABLED, YOUNG ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARINGHOUSE RESIDENCES PROVIDE CARE, COMFORT AND THERAPEUTIC SERVICES, AND COMMUNITY BASED LIVING ARRANGEMENTS FOR DEVELOPMENTALLY DISABLED INDIVIDUALS WHO CANNOT LIVE ALONE. THE ORGANIZATION MANAGES FIFTY-FOUR GROUP HOMES LOCATED THROUGHOUT NEW JERSEY PLUS TWO SUPPORTIVE HOUSING PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naomi Miller Project Director | Officer | 45 | $219,468 |
James Darcy Board Chair | OfficerTrustee | 0.5 | $0 |
N Lynne Hughes ESQ Board Secretary | OfficerTrustee | 0.5 | $0 |
Bob Conover Board Vice Chair | OfficerTrustee | 0.5 | $0 |
Brian P Curran Exec Director Finance | Officer | 33.8 | $0 |
Joseph Dougherty ESQ Exec Director Operations | Officer | 33.8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Merit Corporation Group Home Cabinetry | 3/30/18 | $110,565 |
Alex Contractors Llc Group Home Renovations | 3/30/18 | $107,660 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $47,832,279 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,001 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,839,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,179,376 |
| Pension plan accruals and contributions | $870,191 |
| Other employee benefits | $1,030,369 |
| Payroll taxes | $2,708,988 |
| Fees for services: Management | $3,723,332 |
| Fees for services: Legal | $9,513 |
| Fees for services: Accounting | $101,599 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $278,360 |
| Advertising and promotion | $0 |
| Office expenses | $961,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,928,672 |
| Travel | $538,939 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $521,005 |
| Insurance | $74,782 |
| All other expenses | $765 |
| Total functional expenses | $38,206,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,047,286 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,422,712 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,468,547 |
| Net Land, buildings, and equipment | $3,251,557 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,460,943 |
| Total assets | $35,651,045 |
| Accounts payable and accrued expenses | $2,485,142 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,485,142 |
| Net assets without donor restrictions | $32,087,926 |
| Net assets with donor restrictions | $1,077,977 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,651,045 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maris Grove Inc Glen Mills, PA | $653,132,727 | $91,666,802 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Lantern Hill Inc New Providence, NJ | $464,665,892 | $49,148,353 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |